The following information applies to the three two questions: In 2013 fiscal year, Central City Electric Corp. had a total asset turnover ratio (Sales/Total assets) of 2x and a ROA ratio (return on assets) of 8% and a ROE ratio (return on equity) of 12%. Assume the company used only debt and common equity What was the company's profit margin in 2013? What was the company's debt-to-capital (debt ratio) ratio? Suppose the industry has an average of ROE equal to 13.8% and an average of profit margins of 3.5%. What could you conclude about the company's ROE in comparison with the industry? What if Central City also has the same debt ratio as the industry